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Stock impact report

Macy's proxy fight is over, but the battle for the department store's future wages on [MSNBC.com]

Target Corporation (TGT) 
Last target corporation earnings: 3/3 06:30 am Check Earnings Report
US:NYSE Investor Relations: investors.target.com
Company Research Source: MSNBC.com
In this articleShopping bags in front of the acy's Inc. flagship store in the Herald Square area of New York, US, on onday, Nov. 13, 2023. US holiday sales will grow at a slower pace this year amid economic headwinds such as higher interest rates, the National Federation said.Bing Guan | Bloomberg | Getty ImagesTony Spring was already working against the clock to turnNow, the CEO will have two fresh faces on the department store retailer's board of directors as it weighs whether to bet on his vision or sell the nearly 166-year-old retailer to activist investors.The board appointments,announced this week that put an end to a proxy fight"It stops the pressures in the here and now," said Neil Saunders, managing director of research firm GlobalData. "But in a way, you're letting the wolf into the henhouse."Arkhousefirst made a bidrejected that offer, tooFor acy's, this week'ssettlementBoth acy's and Arkhouse struck a conciliatory tone in their statements this week. But one thing is clear Show less Read more
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